California Codes, Business and Professions Code - BPC, Division 4 — Real Estate, Part 3 — Licensing and Certification of Real Estate Appraisers, Chapter 3 — Scope of Practice, Section 11323
No licensee shall engage in any appraisal activity if his or her compensation is dependent on or affected by the value conclusion generated by the appraisal.
Notes
Prohibits a licensed real estate appraiser from performing any appraisal activity when the appraiser’s compensation depends on or is affected by the value conclusion produced by the appraisal. The restriction ties compensation independence directly to the appraisal’s value conclusion and applies to any appraisal activity performed by the licensee.
Use as reference
Lexinter.net | California Code, Business and Professions Code - BPC § 11323 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-4/part-3/chapter-3/section-11323